It is essential for every company to understand the fundamental principles of competition law—and to apply them whenever making decisions regarding strategy, pricing policies, distribution channels, and other business matters. An internal compliance policy (governing legally compliant behaviour) can help managers and employees avoid violations. However, this policy must be tailored to each individual company.
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Topic
Compliance
Effective compliance strengthens responsible corporate governance and fair competition. Companies must design their compliance management systems in line with their specific risks, continuously develop them and firmly embed them in their business processes. Policymakers must provide legal certainty, avoid conflicting requirements and limit unnecessary bureaucracy.
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